Per Capita Tax: How It Works, Who Owes, and Penalties
Learn how per capita tax works at the local level, from who owes the bill and how it's paid to enforcement for nonpayment and federal deductibility.
How Much Does It Cost to File Form 1065?
Learn how the cost to file Form 1065 takes shape, from preparer and software fees to state filings, late penalties, and bookkeeping considerations.
Deferred Financing Costs Under FASB: Presentation and Amortization
Learn how FASB deferred financing costs are handled, from balance sheet presentation and amortization through modifications, payoffs, and tax treatment.
IRC Section 401(a)(9): RMD Calculation, Deadlines, and Penalties
Learn how required minimum distribution rules work, from when withdrawals begin and how amounts are calculated to ways to reduce taxes and penalty relief.
COSO Principles: The 17 Rules of Internal Control
Learn how the 17 COSO principles shape effective internal control, from the control environment and risk assessment through communication and monitoring.
Estate Fiscal Year Election: Year-Ends, Savings, and the 65-Day Rule
Learn how the estate fiscal year election works, from picking a year-end and filing the first return to timing distributions and beneficiary reporting.
Defunct Corporation: Taxes, Liability, and Reinstatement
Learn how a defunct corporation handles lingering obligations, from settling debts and tax matters to personal exposure risks and options for reinstatement.
Interest Rate Collar: How It Works, Costs, and Hedge Accounting
Learn how an interest rate collar works, from the mechanics of pairing a cap with a floor to the costs, tax treatment, and hedge accounting that follow.
What Is an Owner’s Withdrawal and How Is It Taxed?
Learn how an owner's withdrawal works across business structures, from sole proprietor draws to corporate distributions and the compliance issues involved.
How to Register Church Tax-Exempt Status with the IRS
Learn how to register a church for tax-exempt status with the IRS, from state incorporation and federal filings to the rules that follow approval.